San Gabriel, CA 91776,1811 S San Gabriel BLVD
San Gabriel, CA 91776,1811 S San Gabriel BLVD
San Gabriel, CA 91776,1811 S San Gabriel BLVD
22
$1,100,000
$1,198,000
8.2%
Est.Price: ?

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10,375 Sqft Lot

1811 S San Gabriel BLVD San Gabriel, CA 91776

Est. payment /mo
SOLD DATE : 01/02/2024

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Key Details

Sold Price $1,100,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

MLS Listing ID AR23076338

Sold Date 01/02/24

HOA Y/N No

Year Built 1965

Annual Tax Amount $3,705

Tax Year 2022

Lot Size 10,375 Sqft

Lot Dimensions Assessor

Property Description

Offered for sale, and for the first time on the market in over 58 years, is a 10,378 square foot parcel zoned MU-C/R (Mixed-Use Corridor/Residential) with an existing 785 square foot structure. Originally developed and built in 1965 as a Triple Net Lease asset for the Wienerschnitzel Hotdog brand that operated at the site as a fast-food restaurant for approximately 3 decades. Since then, various modifications have been made from multiple food service businesses that have operated at the site. The property offers many possibilities for existing use as NNN investment asset and future development as value is in the land. Existing building can only be enlarged to 1,500 sq. ft. and drive-through food service is not allowed. Prospective buyers to please check with the City of San Gabriel for all proposed uses.

Location

State CA

County Los Angeles

Area 654 - San Gabriel

Zoning C1

Interior

Heating None

Cooling None

Fireplace No

Laundry None

Exterior

Fence Block, Good Condition, Partial

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected, Overhead Utilities

Roof Type Flat Tile,Metal,Tile

Total Parking Spaces 17

Building

Lot Description Paved, Rectangular Lot, Street Level, Value In Land, Walkstreet, Level

Story 1

Water Public

Others

Tax ID 5370023029

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange, Submit

Listing Terms Cash, Cash to New Loan, 1031 Exchange, Submit

Financing Cash to Loan,Cash to New Loan,Cash to Second Loan,Contract

Special Listing Condition Standard, Trust

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California Regional MLS (CRMLS)
Listed by Brion Costa • Century 21 Adams & Barnes • 626-695-7383
Bought with FELIPE CHU • Ma Realty Inc

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Kelly Corsino

Agent | License ID: 01704102

+1(949) 229-0019

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